Silver forming a long-term “Cup and Handle” - as Gold didSilver seems to be repeating the same institutional “Cup and Handle” structure that we recently saw play out perfectly on Gold.
On Gold, the price completed the entire measured move — equal to the depth of the cup — before entering consolidation.
Now, Silver is building a very similar long-term formation, and this setup could define the market direction for the next several years.
🧠 Technical Context
On the higher timeframes (1W and 1M), Silver has formed a clear rounded base — the cup.
The current consolidation area represents the handle, and price is now approaching the upper boundary of that handle.
Once we see a decisive breakout above the handle resistance, institutions will likely defend that zone on the first retest.
This pattern is one of the most reliable continuation formations in long-term trends, especially when accompanied by rising volume near the breakout area.
There’s a very important condition: this pattern becomes active only after the handle breakout.
Before the breakout, it’s just an unconfirmed structure — the pattern is validated only once the handle level is broken.
🎯 Trade Plan
Breakout Level (Handle Resistance): around $50.0 – $51
Usually, the breakout happens on high volume, accompanied by several strong bullish candles
Retest Zone: $30 – $35.0
Target (long-term extension): $600.0+
Stop-Loss: according to your risk management strategy
📊 Summary
If Silver repeats the Gold scenario, we might see a clean breakout–retest–continuation structure with very limited pullbacks once the move begins.
This could mark the start of a multi-year bullish phase in silver.
I’ll be monitoring the breakout confirmation and volume profile closely before entering.
Once confirmed, the upside potential looks substantial compared to the risk.
This is not financial advice. For educational purposes only
